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eBay Auction Home Business Tutorial: Should You Accept Paypal, Checks, Or Money Orders?
Running a successful eBay auction business, like any other business, depends on keeping your cash flow flowing! To do that, you've got to decide how you'll ask your customers to pay for their items after the purchase. You've got quite a few options, one being the acceptance of personal checks.
I accept personal checks for eBay auction payments, so do many other eBay sellers, and it's my recommendation that you do so as well. We live in an electronic age, but many people just aren't comfortable sending payments over the Internet. Accepting personal checks means you have more prospective buyers.
If you choose to accept checks, you should do two things immediately. First, decide on your check acceptance policy. Second, make this policy clear in your eBay auction posting.
It's a good idea to hold off on shipping a buyer's item until their check clears. If you do this, make it crystal clear in your eBay posting. This can take anywhere from 7 - 14 days, and you may want to check with your local bank to get an estimated time for check clearance.
If you choose to take money orders, remember that there are a lot of different companies and banks that sell them. I personally find them more of a pain to deal with than they're worth, but many eBay sellers do accept them.
The electronic payment system many eBay sellers choose to use is Paypal. eBay likes that, since eBay owns Paypal. Beyond that, though, Paypal does extend options that other payments do not.
When you accept Paypal, your buyers can pay you immediately, and as eBay sellers, we love that idea! Paypal isn't free, though. They're going to charge you a fee, and the fee is a percentage of the sale. This fee is a little higher for international orders as well.
My personal experience with Paypal has been good overall, and I'd estimate 80% of my buyers use it. Since I sell ebooks on eBay, my customers know that they can use Paypal to pay for the item immediately, which means that they can access the ebooks that much faster, which in turn means they're more likely to buy. It's a good deal all around.
Paypal has its detractors, and I'd like to see eBay allow sellers to use other electronic payment systems such as Google Checkout. I admit I'm not holding my breath for that to happen! With all its drawbacks, I find Paypal an indispensable tool for successfully making money with eBay auctions.
Some eBay sellers don't accept electronic payments, but the majority of them do. It's a good idea to visit www.paypal.com and read about the various fees they take from each sale. Once you do that, you can make an informed decision to the question, "To Paypal or not to Paypal, that is the question!"
Chris Bryant is an eight-year veteran of eBay, and he wants eBay to change your life for the better just as it’s done for him! Visit http://www.freeebayauctiontutorials.com for his latest FREE eBay and eBay auction tutorial! Learn how to make money on eBay. It’s easier than you think!
Article Source: http://EzineArticles.com/?expert=Chris_Bryant
3 Powerful Ebay Pricing Secrets That Will Make Your Items Sell Like Crazy
One of the reasons why your items aren't selling, is because of your bad pricing strategy. In this article, I shall be giving you 3 powerful ebay pricing strategies that will make your items sell like crazy. You will also get a free link to a recommended ebay resource that I constantly use to make over $30,000 monthly on ebay.
Here are 3 powerful ebay pricing strategies that you can implement immediately:
1. "Go for it" Strategy: To use this strategy effectively, all you need to do is list your item for 10 days,starting on a Thursday. This will ensure that your listing allows bidders to push up the price themselves. That way, you can make a bigger profit than you would have with any Buy it Now price.
2. "Few dollars More" Strategy: What uou do here is, set your item bidding price to the normal Buy it Now price that you would usually charge. Then set your Buy it Now price for the same item, a little bit higher(make it a few dollars above). What your prospective customers would think is that, they don't need to bid for the item when they could easily buy it immediately. This method will bring you a lot of profits.
3."One dollar less" Strategy: This is a very good technique that keeps on making huge profits for those who use them properly. When you see your competotors list an item that you also stock, watch their Buy it Now prices and also list your own item by matching their titles closely. Don't copy their titles word for word! But there is a difference between you and them - put your Buy it Now price, one dollar less than theirs. Prospective customers will be dying to purchase your item simply because your item is one dollar less expensive.
As revealed, the three powerful strategies above,will make your items sell like crazy and this will increase your profits. Start making use of this secrets today!
Finally! Christopher Liberson is a 5 year internet marketing expert who teaches people how to make money selling on ebay. Visit his website for a special report titled - 5 Powerful Profit Pulling Tactics To Write Better Ebay Listings! Click this link now! to access this information
Article Source: http://EzineArticles.com/?expert=Christopher_Liberson
eBay Safe Buying Tips
It's important to remember that eBay is like an online flea market or swap meet. There will always be someone trying to sell things that most people wouldn’t touch. The trouble is that online, when you can't physically view the merchandise, so these people can be a little harder to spot. Here are some tips to make your eBay experience more enjoyable and safe.
Know Your Seller...
This, by far, is the most important research you must do before placing your bid on eBay. Getting to know a little about your seller before you bid on their item will make for a much smoother purchase.
1) Review the seller’s feedback and member profile.
Check the seller's eBay feedback before you make a bid. The feedback rating will give you a good idea about the trustworthiness of your trading partner. One or two neutrals or negatives can be overlooked due to the fickle nature of some buyers, however if a trend of poor service or item quality comments is visible you may want to avoid the seller entirely. If a seller has no feedback or negative feedback, contact the seller before bidding to get a feel for their customer service.
2) Ask the seller questions.
Email the seller with questions by clicking the “Ask seller a question” link. If you have won an item, you can request the seller’s contact information to get more information.
3) Review the seller’s policies on shipping, payments and returns.
Shipping and handling – Review shipping and handling charges before you bid, and ask to have your item shipped and insured in a traceable manner. Avoid sellers who either won't disclose or charge exorbitant shipping charges.
Payment – Consider paying with PayPal or with a credit card, as most offer 100% consumer protection. Be careful when sellers only accept one form of payment, especially when the seller requests cash. NEVER PAY WITH CASH and use caution when paying with cash equivalents such as wire transfers.
Returns – Examine the seller's return policy carefully before you bid. Contact the seller before you bid with any questions about the return policy. Some questions you might ask include how long do you have to return the item, who pays shipping and handling, and under what circumstances can you return the item.
Know your item...
Read the description fully. Most misunderstandings result from buyers not carefully reading the item description in the auction listing. Use caution if the price is significantly lower than similar auction items. If the price seems too good to be true, it probably is. Review the item condition, whether it is new or used, and any damage described.
Be realistic when purchasing used items. People have different definitions of quality and condition. Remember, just because the seller says the item is in "like new" condition, doesn't mean you will feel the same way. A 25 year old item is likely to have some wear and tear so don't be overly critical of the item when you receive it. Take the condition of the item into account BEFORE you place your bid.
Use PayPal...
Take advantage of PayPal for safe and fast funds transfer between you and the seller. PayPal is eBay's preferred way to pay. It is a system that lets anyone with an email address securely send online payments using their credit card or bank account. eBay members can use PayPal to quickly and easily pay for all the items purchased on eBay. PayPal’s industry-leading fraud prevention measures make it a safe way to pay online.
When you’re shopping on eBay, look for items that are covered by PayPal Buyer Protection. With it, you get free protection of up to $1,000.00 USD on your purchases. To determine if your item is eligible, look for PayPal Buyer Protection in the Seller Information box on the View Item page.
The more that you know about your seller and the items that you are bidding on the safer you, as a buyer, will be. Spending some time doing research before you place your bid will help to ensure a positive buying experience.
Peter Andrues is an author, publisher and internet expert who helps people become successful online Marketers. Would you like to become a Smarter eBay Buyer? We're offering a 25 part Free eBay training class to teach you the tips, tricks, secrets and strategies that will make you successful. Sign up today at: http://dogsonthenet.com/ebay-training-class.html.
Article Source: http://EzineArticles.com/?expert=Peter_Andrues


